Form 4 for FRMM FORUM MARKETS Inc
Accepted 2025-11-17 00:00:00 ET · period of report 2025-11-12 · accession 0001213900-25-111693 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2025-11-17 | 2025-11-14 | FRMM | Rudisill McAndrew | CEO, Dir | G - Gift | $0.00 | +370.0K | 415.3K | +817% | $0 |
| 2025-11-17 | 2025-11-12 | FRMM | Rudisill McAndrew | CEO, Dir | F - Tax | $0.00 | -271.6K | 1.09M | -20% | $0 | |
| 2025-11-17 | 2025-11-12 | FRMM | Rudisill McAndrew | CEO, Dir | A - Grant | $0.00 | +1.36M | 1.36M | New | $0 | |
| 2025-11-17 | 2025-11-14 | FRMM | Rudisill McAndrew | CEO, Dir | G - Gift | $0.00 | -410.9K | 682.5K | -38% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-11-14 | G | A | 370,000 | $0.00 | 415,283 | I | — | — | |
| 2 | Common | Common Stock | 2025-11-12 | F | D | 271,635 | $0.00 | 1,093,365 | D | — | — | (F3) A total of 271,635 shares of common stock awarded to the Reporting Person by the Issuer were withheld by the Issuer to satisfy tax withholding obligations in connection with the award of an aggregate of 682,500 fully-vested shares of common stock to the Reporting Person on November 12, 2025 (see Footnote 1). |
| 3 | Common | Common Stock | 2025-11-12 | A | A | 1,365,000 | $0.00 | 1,365,000 | D By Pelagic Capital Advisors LLC | — | — | (F1) 682,500 shares vested on the grant date and 682,500 shares vest on January 2, 2026. (F2) Issued in consideration for services rendered and agreed to be rendered to the Issuer as Chief Executive Officer and director of the Issuer. (F8) The Reporting Person is the managing partner and founder of Pelagic Capital Advisors LLC ("Pelagic"), and therefore may be deemed to beneficially own the securities held by Pelagic. Mr. Rudisill disclaims beneficial ownership of the shares of common stock owned directly by Pelagic, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. |
| 4 | Common | Common Stock | 2025-11-14 | G | D | 410,865 | $0.00 | 682,500 | D | — | — |